The global biodefense market size is expected to reach USD 8.41 Billion in 2028 and register a CAGR of 4.4% over the forecast period, according to the latest report by Reports and Data. Global market revenue growth will be driven by key factors such as growing focus of public health services to develop tests and procedures and to deal with the increasing threat of bioterrorism.
Biodefense is a set of military or medical measures taken to protect people against bioterrorism. An attempt to deliberately release bacteria, viruses or other pathogens, to spread disease is called bioterrorism. Biodefense includes medical research, medications and vaccines against possible bioterrorist attacks along with rising awareness about biodefense among civilians. Factors such as training human resource specialist, introduction of biological identification systems, developing various strategies to protect soldiers on the battlefield are boosting global market revenue growth. Rising prevalence of Zika virus, Ebola virus, and influenza is enhancing market prospects. Advancements in genetic engineering and biotechnology, increasing investments in research and development activities along with rising incidence of various infectious diseases is fueling global market growth.
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The report initially offers market introduction, market overview, product scope, market opportunities, growth prospects, risks, limitations, and key drivers. The report also covers a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. It covers recent technological advancements, product developments, product launches, mergers and acquisitions, collaborations, joint ventures, and partnerships.
Key Companies in the market include:
Altimmune, Emergent BioSolutions, SIGA Technologies, AntoXa Corporation, Elusys Therapeutics, Ichor Medical Systems, DynPort Vaccine Company, Cleveland BioLabs, Bavarian Nordic, Achaogen, and Alnylam
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Market segment analysis:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Anthrax Vaccine
- Small Pox Vaccine
- Botulism Vaccine
- Radiation Vaccine
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Military
- Civilian
Sales Channel Outlook (Revenue, USD Billion; 2017-2027)
- Direct Sales
- Distribution
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On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.
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Key Features of the Global Biodefense Market Report:
- Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
- Identification and analysis of significant trends and factors driving revenue growth of the market
- Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
- Assessment of each market segment along with their growth trends and market revenue contribution
- Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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